Income per share = Rate of dividend × _____
A company with a share of nominal value of ₹ 150 declares an annual dividend of 15 % . Calculate the annual income of a man who holds 88 shares in the company ?
Manikanta invested ₹1000 in an oil company. The nominal value of the share is ₹9 and the market value is ₹10. The company is paying 8% dividend per annum. The number of shares bought by him and his income from the investment are respectively ____.